Exodus Ministries

Analysis

Exodus Ministries is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Exodus Ministries reported income of $78k and spending of $41k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $78k (+92%), an average of +92% a year. The sharpest change came in the year to December 2023, when income rose by 92%. Over the whole period it spent 74% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Exodus Ministries sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within TN. Charities of a similar size with the same main cause include Perrperry Lake Nonprofit Housing ($78k), Middletown Homes Inc ($78k) and Falls Village Housing Trust Inc ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.